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222K likes. The fixed pie fallacy is probably the single most destructive delusion on the planet. The belief that wealth cannot be created—only distributed—has done more than any other to stop people from lifting themselves and others out of poverty.

The AI price war has begun. Startups and tech giants alike are mixing and matching AI models to avoid the premium prices charged by industry leaders. on.wsj.com/4eB0CIV

Do you ever ask such a bad question that:

A plausible and frightening vision of Europe's near future, ending in economic collapse and vassal status under the US or China. Enjoyed reading it, although I feel a little depressed now. europe2031.ai/

wild how ai’s going from tool to teammate, huh

I'll add to the Piketty dunking in one small way. His plan is to plunder valuable assets from the USA and hand them to less productive regions until outcomes are equalized. But, for the USA, he allots 0.115% annual growth (4590->5000/74 years). I'm sure he's aware that those assets are valued, generally, by the net present value of future free cash flows. And that by capping growth so low destroys the value he hopes to steal. And that baking this error into his model invalidates all the math that follows. It's difficult to steelman Piketty's arguments. By all indications, he's simply an anti-human zealot, neurotically and wrongly guilt-driven, with extinction as his goal.

San Francisco is already horrendously over-budgeted: $16B for ~850k people is more than any major county in world. If you care about efficiency and good governance you should categorically vote No on any tax or bond.

We're crossing the "stop making fun of Europe, it's sad" threshold right now There's nothing I like more than bashing the europoor, but even I am starting to feel bad for them Nevertheless, I persist

Here's a snapshot of the biological insult from international travel. It takes your body over two weeks to fully recover. It's a big price tag. One international trip per quarter is a reasonable balance. Time to recover: > sleep duration: 2 days > grip strength: 5 days > mood: 1 wk > cortisol: 9 days > sleep quality: 2 wks > blood glucose: 2 wks

In France, pensioners have a higher median income than working-age adults. Not even counting assets.

This surprises people but this is actually a solid income in Europe, rapidly becoming a middle-income continent

i still think about this

God these takes are dumb. Anthropic founders have been saying the same thing about AI risk for years. The entire reason Anthropic was founded was because they disagreed with OpenAI’s safety stance. Feeling smart by being cynical is like midwit catnip.

"LLM cost until yesterday was our biggest cost as a company, more than payroll, which is kind of insane when you think about it." @Altimor, founder of @getlindy, explains why they switched from Anthropic to DeepSeek: "For 12 months, every time we tried an open source model we were like, 'Yep, it's bullshit.' But we kept saying, 'Let's not be disillusioned, we can feel that gap closing.'" "Four months ago I had a tweet saying, 'Those models are so bad.' Now, 'It's closed the gap and it's working. It's incredible.'" "You don't need God to write your email, at some point you tap out of intelligence, and if you can get those lower tiers for a tenth of the price, it would be foolish not to."

We've tested new OSS models the moment they're released for a while at Lindy. Inference is our #1 cost by a lot (more than payroll) — cutting it by 2-5x would be transformative. Last year, OSS models were "not even close." 3 mos ago, "almost there." Came close to making Kimi K2.5 our default. I think we are right now crossing the line to "at the frontier, for most use cases." GLM-5.1 in particular is incredible and will likely be our default soon. Surprised by this development — OSS caught up.

NEW: DeepSeek, the Chinese AI company, is one of the fastest growing vendors on Ramp. In probably the biggest sign that companies are looking for cheaper alternatives to OpenAI and Anthropic, some are willing to use cheaper, Chinese models, sending U.S. data back and forth from China-hosted servers.